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% while the economy added 3.4 million new jobs, all of which sounds great but a federal deficit would rise by $503 billion in 2013 and another $67682 billion. is the emerging choice jobs versus larger, short-term deficits. given the acrimony between the white house and the house of representatives is a deal likely? erskine bowles wrote today in "the washington post" and i quote... but throughout the campaign, president obama insisted that any deal must include tax hikes on the well-to-do. something this campaign senior as viser david axelrod emphasized today. >> he talked about it in debates and speeches. on the need for balanced deficit reduction that included some new revenues and he was re-elected by you know, in a significant way. but if the attitude is that, you know nothing happened on tuesday, that would be unfortunate. >> eliot: that seems to be house speaker john boehner's attitude toward any tax hike at all. take a listen. >> raising tax rates is unacceptable and frankly it couldn't even pass the house. i
winning his second term. at the top of his agenda, a first step towards saving the country's economy were dropping off the so-called fiscal cliff which one of our guest tonight more aptly calls the austerity bomb. >> pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income. we should not hold the middle class hostage while we debate tax cuts for the wealthy. we should at least do what we agree on, and that's to keep the middle class taxes low. >> eliot: the president also emphasized what he would not do a sending time to make a tax deal with house republicans. >> obama: what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford and according to economists, will have the least positive impact on our economy. >> eliot: mr. obama also waded into the scandal that saw general david petraeus step down as director of the c.i.a. he offered assurances that damage from petraeus' affair was at least so far confined to the general and his family, and offered some words of support. >> obama: i have no evidence at th
-book "beyond outrage:what has gone wrong with our economy and our democracy and how to fix it" is now available on paper work. good evening. >> good evening. >> eliot: i want to pars where the republicans are. has the republican relationship willing to increase marginal tax rates. >> no, they have not said that they're willing to increase marginal tax rates at all. they said they're willing to increase revenues which is different from increasing rates. you can increase revenues by closing a few loopholes, putting a limit on certain deductions but they have not come around in any way something that equals grover norquist and the pledge. >> eliot: i don't want to jump on the media for mischaracterizing but the media wants to see a conversion of interest or views between the president and john boehner. i'm not sure that i see it yet. the president said you have to go to the clinton area, 36% top marginal rate. and you said a few loopholes that's fine but not the real battle we should be undertaking. am i correct? >> now boehner we're back to where we were before the election in some respects. ther
with hundreds of billions in tax hikes that could tank the economy, boehner staked out this position on behalf of his caucus. >> for the purposes of bipartisan agreement that begins to solve the problem we're willing to accept new revenue under the right conditions. what matters is where the increase revenue comes from and what type of reform comes with it. >> eliot: a few hours earlier harry reid also called for compromise. >> it's better to dance than to fight. it's better to work together. everything doesn't have to be a fight. everyone should comprehend, especially my senate friends that legislation is the art of compromise and consensus building. >> eliot: but all the political happy talk wasn't enough to soothe the markets with two years of political gridlock behind us and an uncertain future ahead the dow jones industrial average dropped down nearly 313 points for the for time in a year. i'm joined by richard socarides deputy director of the 1996 clinton-gore campaign and former lgbt wider to president clinton and president of equality matters. long with sam seder host of "ring of fire"
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2013 ram 1500. ♪ ♪ with the best-in-class fuel economy. engineered to move heaven and earth. guts. glory. ram. [ forsythe ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best sweetest crab for red lobster that we can find. [ male announcer ] hurry in to red lobster's crabfest! the only time of year you can savor 5 succulent crab entrees all under 20 dollars. like a half-pound of tender snow crab paired with savory grilled shrimp, just 12.99. or our hearty crab and roasted garlic seafood bake. [ forsythe ] if i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe and i sea food differently. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're
prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university we're teaming up with companies like cisco to help make sure everyone is ready with the know-how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ ♪ when we think of hunger we often picture people in the third world. >> many americans don't realize that the problem exists right here in our own country. >> it's an issue that ultimately effects each and every one of us. >> thats why current is stepping up. >> ... by feeding the needy. >>... feeding the needy. >>... feeding the needy. >>... feeding the needy. >>... feeding the needy. >> for an entire week we'll explore hunger, malnutrition even obesity. >> ... and offer solutions. >> so join us here at current tv where together, we'll feed the needy. >> brought to you by basf the chemical company. >> eliot: it wasn't discussed much in the last few weeks of the presidential campaign but it is an u
Search Results 0 to 9 of about 10 (some duplicates have been removed)

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